Wednesday, April 04, 2007

Judge Blocks Eviction Of Foreclosure Rescue Victim; Police Investigating

CBS4 in Miami, Florida reports on a foreclosure rescue victim who was scammed out of an estimated $60,000 in home equity in exchange for a few hundred bucks. The deal was apparently a standard foreclosure rescue deal; sign over the property to an investor and is told that in 6 or 12 months, the homeowner can buy it back.

Reportedly, a judge has blocked her eviction and the case is being investigated by the North Miami police department. To read more, see Foreclosure Fraud: Predators Want Your Home.

Go here to watch the CBS4 Video of this story. (Consumer reporter Al Sunshine reporting).
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